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Gambling in America: Costs and Benefits

Gambling in America: Costs and Benefits

Hardcover

Business GeneralEconomicsGeneral Gambling

ISBN10: 0521830133
ISBN13: 9780521830133
Publisher: Cambridge
Published: Jan 12 2004
Pages: 232
Weight: 1.20
Height: 0.83 Width: 6.40 Depth: 9.20
Language: English
The public decision-making process governing the issue of casino gambling tends to lead to wrong outcomes, and the studies typically provided to justify the phenomenon are conceptually flawed. Seeking to describe what true economic development is, this study establishes the framework for a valid cost-benefit analysis to assess whether it actually occurs and its methods can be applied to the casino industry in America. Accounting for a wide range of economic and social factors, Earl Grinols concludes that the social costs of casino gambling considerably outweigh their social benefits.

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